Huan Zhu
Chinese Court Fines Tesla Over 1.5 Million Yuan for Fraudulent Sale
Last week, the Beijing High People's Court issued a final ruling on a civil case brought against Tesla for a fraudulent sale. The Court sustained the rulings of the lower courts, which ordered Tesla to refund 379,700 yuan to the consumer, and pay 1.14 million yuan
Australia-China Trade Update
With several trade meetings having now taken place, and additional high level ones on the horizon, China and Australia continue to make progress on improving their trade relations, even in the face of political hurdles such as an Australian security agreement with the U.S. and the UK, and new
Chinese Minister Presses Japan Not to Side with U.S. on Export Controls
Chinese Minister of Foreign Affairs Qin Gang met with Japanese Foreign Minister Yoshimasa Hayashi last Sunday, with export controls on semiconductors one issue that was discussed. The meeting came a couple days after Japan announced plans to expand its export controls on semiconductor manufacturing equipment, which had already witnessed a
Chinese, Malaysian Leaders Talk Trade Issues and Sign Agreements
The Prime Minister of Malaysia, Anwar Ibrahim, visited China last week, his first trip to China as Malaysia's leader. During the trip, the two sides renewed their commitments to bolster their economic relationship, and delivered some agreements on trade and investment.
China and Singapore Take Step Forward on Expanding FTA
Singaporean Prime Minister Lee Hsien Loong visited Beijing last week and during his visit, the two governments announced "substantive" progress on the negotiations to expand their bilateral trade agreement, and reached agreements on food safety, dispute settlement, and R&D.
China Launches Cybersecurity Review of Micron
Today, China's Cybersecurity Review Office (CRO) announced the launch of a cybersecurity review of U.S. semiconductor producer Micron Technology. Under the review, Micron products will be evaluated on whether they pose risks from supply chain disruptions because of political and diplomatic factors, data breaches, or risks to
China and Brazil Bolster Cooperation
A planned trip by Brazilian President Luiz Inacio Lula da Silva to China was postponed indefinitely due to the president's illness. Nonetheless, it did not stop a series of agreements on bilateral cooperation from being announced in recent weeks. These new agreements cover a number of areas, including